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    Property profile & analytics

    2553 Fairgrounds Rd Albion, NE 68620

    • Flex space
    • 4,680 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US57-0747849
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Flex space

    Property Details for 2553 Fairgrounds Rd

    Year built
    2017
    Lot size
    5.00 lot acres
    Property size
    4,680 SF
    Zone code
    03-COMMERCIAL
    Property type
    Flex space
    APN
    0024970.00
    APU
    2497000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Boone
    State
    Nebraska
    Longitude
    -98.0152
    Latitude
    41.6902

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,296
    $27,800
    $382,205
    $410,005
    -
    $27,800
    $382,205
    $410,005

    Comparable in this City

    • Value Estimation by Request
      4,800 SF

      2507 300th Ave

      LIGHT INDUSTRIAL • 4,800 SF
      2507 300th Ave, Albion, NE 68620
      View Details
    • Value Estimation
      $215,000
      5,000 SF

      1015 Old Ml Rd

      LIGHT INDUSTRIAL • 5,000 SF
      1015 Old Ml Rd, Albion, NE 68620-5206
      View Details
    • Value Estimation by Request
      3,750 SF

      2614 265th St

      LIGHT INDUSTRIAL • 3,750 SF
      2614 265th St, Albion, NE 68620-5848
      View Details
    • Value Estimation
      $470,000
      6,498 SF

      2485 Norco Rd

      LIGHT INDUSTRIAL • 6,498 SF
      2485 Norco Rd, Albion, NE 68620-5205
      View Details
    • Value Estimation by Request
      2,950 SF

      2498 Old Ml Rd

      LIGHT INDUSTRIAL • 2,950 SF
      2498 Old Ml Rd, Albion, NE 68620-5500
      View Details
    • Value Estimation
      $420,000
      2,400 SF

      2485 State Hwy 14

      LIGHT INDUSTRIAL • 2,400 SF
      2485 State Hwy 14, Albion, NE 68620-5040
      View Details
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    2553 Fairgrounds Rd
    Albion, NE 68620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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